Biden Calls Tinubu, Commends Release Of Binance Executive, Gambaryan

The New Diplomat
Writer

Ad

Mapped: U.S. Tariff Rates by Country

Key Takeaways The Trump administration increased tariffs, citing trade deficits and national security concerns. Brazil and India received the highest tariff rate of 50%. Under the second Trump administration, new tariff levels have been applied to over 80 countries, with rates ranging from 10% to 50%. The U.S. President argues that persistent trade deficits and…

Thai Court Dismisses PM Over Compromising Phone Call with Cambodian Leader

Thailand’s Constitutional Court on Friday dismissed Paetongtarn Shinawatra from her position as prime minister, ruling that as the country’s leader she violated constitutional rules on ethics in a phone call with Cambodia’s Senate President Hun Sen. The ruling means she immediately loses her job, which she had held for about a year. Paetongtarn was suspended…

Oil Prices Dip but Stay on Track to Extend Last Week’s Gains

Crude oil prices were set for another weekly rise after additional 25% tariffs on Indian exports to the United States kicked in on Wednesday, raising doubts about the supply of Russian crude. At the time of writing, Brent crude was trading at $68.17 per barrel, with West Texas Intermediate at $64.20 per barrel, both slightly down from Thursday’s close…

Ad

By Abiola Olawale

President of the United States of America (USA) Joe Biden during a telephone conversation applauded President Bola Ahmed Tinubu over the release of Binance executive, Tigran Gambaryan.

Minister of Foreign Affairs, Ambassador Yusuf Tuggar revealed this while briefing State House Correspondents.

Tuggar said Tinubu and Biden spoke at length during a 30-minute voice call on Tuesday.

The Minister said: “I have been directed by Mr President to brief you with regards to his phone call with US President Joseph Biden at about 4 pm today.

“The two leaders exchanged pleasantries and President Biden proceeded to thank President Tinubu for his partnership and Nigeria’s partnership, and in particular, for the collaboration between the two countries with regards to…the release of one of the suspects of the cryptocurrency exchange company that we’re all aware of.”

Tuggar added that during the phone conversation, Biden also assured Tinubu that the US is keen on securing permanent status for two African countries, including Nigeria, on the United Nations Security Council.

He continued: “The two leaders also discussed the issue of the permanent seats in the United Nations Security Council.

“President Biden, once again, assured that the United States is committed to seeing Africa having two permanent seats.

“He also reiterated that he does not see any reason why one of those seats should not belong to Nigeria, given its position in Africa, its stature and its importance.”

This comes after Gambaryan left Nigeria on Monday after eight months of lawful detention. Gambaryan left the country after the Federal Government drop all charges against him.

The New Diplomat reports that Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, had been battling with money laundering charges to the tune of $35 million.

Gambaryan and Anjarwalla were initially both detained.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was arraigned in April.Following his arraignment, the court ordered his remand at Kuje Correctional Facility.

Ad

X whatsapp